alexcph

BItcoin PUMP! Here's How Im Trading The Price Action.

Short
alexcph Updated   
BITMEX:XBTUSD.P   Bitcoin
Bitcoin Rally happening!

Bulls have been crushing the bears lately. However it doesnt mean that we are in full moon mode. I talk about various trades you can take and will keep you updated onn my own positions.

Any questions go ahead and post in the comment section. Also please leave a Like. I appreciate it. Also check out my otehr social media such as twitter. Happy Trading!

- Alex
Trade active:
Short already started from 6660. Will add some at higher levels around 6800-6900
Trade closed manually:
Looks like we found some support at 6680. Price action seems a bit too bullish right now. My entry on this short wasnt as good as I wanted. I think we will push further up before we see a proper pullback, For now Im closing my short before bed time.

Switching to to opening a long at 6700 with stoploss under 6670. Great Risk:Reward. If it goes below 6680, most likely we go another 100$ down if not more.

Im gonna start posting more consistently on TV now so please go ahead and follow. Theres a lot of people here on TV who just post TA. I do real trades with real money and am transparent about wins/losses/mistakes.

Remember to follow me on twitter for more updates as well. And please leave a LIKE.

See you tomorrow.
Trade active:
Long trade active. Position opened at 6700.
Comment:
Looks like the switch in direction was good for now. Unfortunately I didnt make out levels before bed or we would have hit first profit target. Lets hope theres another push up to 6815 again.

Comment:
Sorry check this screenshot.

Trade closed: stop reached:
Long got stopped out. Too bad we didnt manage to take the first profit at 6800. Goes to show we shouldnt leave a trade with proper targets.

Will make a new post with a new trade setup. Good luck trading out there! Remember to leave a LIKE, Will update soon!

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